Solid Resources Grants Stock Options
VANCOUVER, March 14, 2012 /CNW/ - Solid Resources Ltd. ("SOLID" or the "Company") (TSX-V: SRW) (OTCQX: SLDRF) (Frankfurt: YRS) reports that the Company has granted an aggregate of 1,600,000 stock options to directors and officers of the Company. The options are at an exercise price of
.10 per share and valid for a period of five years from the date of the grant, subject to vesting provisions. The options are granted in accordance with the Company's Stock Option Plan approved by the shareholders on December 13, 2010. The grant of the options has been approved by the Board of Directors and is subject to the final approval of the TSX Venture Exchange.
About Solid Resources:
Solid Resources is a Canadian junior mining company focusing on the exploration and development of rare and precious metals and industrial commodities worldwide. The Company is currently quantifying the presence of tantalum, tin, lithium and other rare minerals on its property in north-western Spain. In addition, further exploratory work is being conducted on its gold, copper concession in the Province of Ayabaca in northwest Perú.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Solid Resources Ltd
President & CEO
Solid Resources Ltd.
Ph: (780) 800-0726
The Howard Group Inc.
Toll Free: 1-888-221-0915
Ph: (403) 410-7907